Author Archives: Trading Advantage

Deutsche Bank’s Torsten Slok just circulated an email making a big statement about the economy: secular stagnation is over. Secular stagnation, the theory first posited by Larry Summers last year in a speech at the IMF, basically says that we are in a new economic equilibrium that will see slower…

Original post:
Deutsche Bank Economist: Secular Stagnation Is Over

Inflation remains stubbornly low, unemployment is stubbornly high and powerhouse Germany is showing signs of heading into stagnation. In other words, the eurozone economy is still struggling. That’s why all eyes will be on Mario Draghi this week, to see whether the European Central Bank has anything…

Excerpt from:
Tough job ahead for the ECB in Europe’s week ahead

The UK’s position as one the most sought-after centres for financial markets continues as leading Limassol-based currency derivatives provider, IronFX, boosts its overseas network. The firm reported that it had enhanced its authorisation under the UK financial watchdog, the Financial Conduct…

See more here: 
IronFX Seeks Stronger UK Presence Under FCA Regulations

It’s no surprise that the central government is trying to stop the Catalonia independence vote, and they almost-certainly won’t recognize it if they vote for independence. But the question is: Can they stop it? Short of rolling the tanks in, I don’t see how.

Read more from the original source: 
Spain’s constitutional court suspends Catalonia independence vote

During “normal” times for monetary policy, the short-term interest rate is the main policy instrument, and it is a comfortable distance away from zero. In this situation, it is fairly straightforward to see what financial market investors expect the central bank to do in the near future. In…

More here: 
Options-Based Expectations of Future Policy Rates

Although economists have lowered their estimates for third-quarter U.S. gross domestic product (GDP) growth following an extremely volatile first half of the year, they see the economy growing steadily, according to a survey released Monday. The U.S economy will expand at an annualized rate of 3….

See the original post:
Economists slash Q3 GDP forecast, but see steady growth ahead

This is the most expensive house ever listed for sale in Houston. The Wall Street Journal’s Candace Taylor reports that it is owned by Wilbur Bosarge Jr., cofounder of the high-frequency trading firm Quantlab Financial. According to the realtor, Bosarge and his wife are selling the home becaus…

View original here:
A High-Frequency Trader Is Selling The Most Expensive Home In Houston For $43 Million

A bit more than two years ago, the European Central Bank performed an amazing magic trick: With the promise that he would do “whatever it takes” to hold the euro area together, ECB President Mario Draghi managed to bring Europe back from the brink of financial and economic disaster. Now, Draghi i…

Read the original here:
Draghi Is Forced to Match Words With Action

The USDJPY extended to yet new highs as it moved closer and closer to the next targets at the 110.00 (nice round number) and 110.65 (high price from 2008). The high extended up to 109.733 before rotating lower. The price bottomed today against the lower boundary of lows and highs seen over the last…

Go here to read the rest:
USDJPY keeping the buyers/bulls in control

The USDJPY extended to yet new highs as it moved closer and closer to the next targets at the 110.00 (nice round number) and 110.65 (high price from 2008). The high extended up to 109.733 before rotating lower. The price bottomed today against the lower boundary of lows and highs seen over the last…

Read the original here:
USDJPY keeping the buyers/bulls in control

The European Central Bank is likely to get another ugly report on eurozone inflation two days before its monthly meeting on Thursday. But a five-year low reading of 0.3%, which many economists expect Tuesday, may mark the low point. Through the remainder of the year and into 2015, we may see a a …

See the original post here:
Base Effects to Give ECB Some Breathing Room

The European Central Bank is likely to get another ugly report on eurozone inflation two days before its monthly meeting on Thursday. But a five-year low reading of 0.3%, which many economists expect Tuesday, may mark the low point. Through the remainder of the year and into 2015, we may see a a …

Go here to read the rest:
Base Effects to Give ECB Some Breathing Room

The European Central Bank is likely to get another ugly report on eurozone inflation two days before its monthly meeting on Thursday. But a five-year low reading of 0.3%, which many economists expect Tuesday, may mark the low point. Through the remainder of the year and into 2015, we may see a a …

Go here to read the rest: 
Base Effects to Give ECB Some Breathing Room

The European Central Bank is likely to get another ugly report on eurozone inflation two days before its monthly meeting on Thursday. But a five-year low reading of 0.3%, which many economists expect Tuesday, may mark the low point. Through the remainder of the year and into 2015, we may see a a …

Read the original here:
Base Effects to Give ECB Some Breathing Room

Pending home sales slowed modestly in August but contract signings remain at their second-highest level over the past year, according to the National Association of Realtors®. All major regions experienced declines except for the West, which rose for the fourth consecutive month. The Pending Home…

View post: 
Pending Home Sales Fall Slightly in August